The Williams Companies, Inc. (NYSE:WMB) has a beta value of 1.53 and has seen 1,620,017 shares traded in the recent trading session. The company, currently valued at $26.97 Billion, closed the recent trade at $22.24 per share which meant it lost -$0.19 on the day or -0.85% during that session. The WMB stock price is -8.68% off its 52-week high price of $24.17 and 62.19% above the 52-week low of $8.41. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.69 Million shares traded. The 3-month trading volume is 9.38 Million shares.
The consensus among analysts is that The Williams Companies, Inc. (WMB) is a Buy stock at the moment, with a recommendation rating of 2. None of the analysts rate the stock as a Sell, while 2 rate it as Overweight. 5 out of 25 have rated it as a Hold, with 18 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.31.
The Williams Companies, Inc. (NYSE:WMB) trade information
Despite being -0.85% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jan 12 when the WMB stock price touched $22.56- or saw a rise of 1.82%. Year-to-date, The Williams Companies, Inc. shares have moved 10.45%, while the 5-day performance has seen it change 3%. Over the past 30 days, the shares of The Williams Companies, Inc. (NYSE:WMB) have changed 0.98%. Short interest in the company has seen 24.58 Million shares shorted with days to cover at 2.62.
Wall Street analysts have a consensus price target for the stock at $25.17, which means that the shares’ value could jump 13.17% from current levels. The projected low price target is $23 while the price target rests at a high of $29. In that case, then, we find that the latest price level in today’s session is +30.4% off the targeted high while a plunge would see the stock lose 3.42% from current levels.
The Williams Companies, Inc. (WMB) estimates and forecasts
Figures show that The Williams Companies, Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +17.43% over the past 6 months, with this year growth rate of 11.11%, compared to -7.9% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 29.2% and 165.1% for the next quarter. Revenue growth from the last financial year stood is estimated to be -9.7%.
8 analysts offering their estimates for the company have set an average revenue estimate of $1.79 Billion for the current quarter. 7 have an estimated revenue figure of $1.82 Billion for the next quarter concluding in March 01, 2021. Year-ago sales stood $2.11 Billion and $1.91 Billion respectively for this quarter and the next, and analysts expect sales will grow by -15% for the current quarter and -4.6% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -24.6% over the past 5 years. Earnings growth for 2021 is a modest +543.1% while over the next 5 years, the company’s earnings are expected to increase by 5%.
The Williams Companies, Inc. is expected to release its next earnings report between February 17 and February 22 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.6 at a share yield of 7.13%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 6.66%.
The Williams Companies, Inc. (NYSE:WMB)’s Major holders
Insiders own 0.15% of the company shares, while shares held by institutions stand at 88.29% with a share float percentage of 88.43%. Investors are also buoyed by the number of investors in a company, with The Williams Companies, Inc. having a total of 1096 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 114.74 Million shares worth more than $2.25 Billion. As of September 29, 2020, Blackrock Inc. held 9.45% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 110.88 Million shares as of September 29, 2020. The firm’s total holdings are worth over $2.18 Billion and represent 9.14% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Dodge & Cox Stock Fund and Vanguard Total Stock Market Index Fund. As of September 29, 2020, the former fund manager holds about 2.66% shares in the company for having 32300000 shares of worth $634.7 Million while later fund manager owns 28.03 Million shares of worth $550.7 Million as of September 29, 2020, which makes it owner of about 2.31% of company’s outstanding stock.
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